53, THE RIDGEWAY, FAREHAM, PO16 8RE - £640,000

53 THE RIDGEWAY is a very large extended detached house of 179m², built sometime between 1967 and 1975. It was last sold for £640,000 in February 2021, which was around 34% above the average February 2021 detached price in the Fareham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

53 THE RIDGEWAY Sold Prices

Land registry data shows four sales for 53 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 53 THE RIDGEWAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 24 FEB	£640,000	£477,515	34% above HPI
2010 23 AUG	£445,000	£318,974	40% above HPI
2004 22 APR	£365,000	£271,430	34% above HPI
1999 2 MAR	£170,000	£133,621	27% above HPI

53 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The four 53 THE RIDGEWAY sales between March 1999 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2010 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 53 THE RIDGEWAY?

53 THE RIDGEWAY is 179m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 53 THE RIDGEWAY lies on this distribution: 87% of detached houses are smaller than 53 THE RIDGEWAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Fareham.

53 THE RIDGEWAY: Plot and Title Map

53 THE RIDGEWAY sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 53 THE RIDGEWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 53 THE RIDGEWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 53 THE RIDGEWAY?

53 THE RIDGEWAY is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 53 on THE RIDGEWAY.